NIFTY OUTLOOK: 22912.40 FII -8009.56 cr DII 5867.15 cr.
As discussed yesterday market behaviour remained on the expected lines during the day, as RSI reached to oversold territory attracted bounce upto 23057.6
Alert Asian crude benchmarks like Oman and Dubai are outperforming Brent and WTI, indicating a shift in global oil pricing power towards Asia. This reflects tightening supply dynamics and higher dependence on Middle East flows, which may lead to rising import costs, higher inflation sensitivity and continued geopolitical-driven volatility.
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